Hong Kong / PRC / Asia Pacific Private Equity and Hedge Funds Slaughter and May is a leading international law firm with a worldwide corporate, commercial and financing practice. We provide our clients with a professional service of the highest quality, combining technical excellence with commercial awareness and a practical, constructive approach to legal issues. Slaughter and May has a long-standing presence in Asia, opening our office in Hong Kong in 1974 and our office in Beijing in 2009. We have extensive experience of a wide range of private equity and hedge fund work, from the establishment of funds to making, financing and exiting investments. Our clients include leading private equity investors and hedge funds from Asia and around the world. The firm is commended for its thorough analysis and strong relationship with regulators. Legal 500 Asia Pacific 2016
Our practice the establishment of funds in Hong Kong, the PRC and around the region and advice on the full range of regulatory issues investment work, including due diligence and structuring debt financing and refinancings, including structuring and taking security mezzanine and other hybrid or intermediate financings equity structuring, ratchets, management arrangements and incentives exits, including trade sales, IPOs, recapitalisations and securitisation. We also advise on the practical aspects of establishing funds in the region, including regulatory, employment and administrative aspects. We regularly advise on cross-border transactions involving multiple jurisdictions. Our close working relationships with market leading independent law firms throughout the region ensure that we are able to deliver an integrated legal service of the highest quality. Our multidisciplinary approach means that our partners and lawyers can advise you across a range of issues while developing a deep understanding of your business, ensuring that we deliver high quality legal advice that reflects your commercial objectives. We regularly work with the key financial market regulators in Hong Kong, including the Hong Kong SFC, the Stock Exchange of Hong Kong and the Hong Kong Monetary Authority. Sophisticated Hong Kong team with growing recognition for its strength in Mainland China. Instructed by a loyal portfolio of significant clients across Greater China and South-East Asia on inbound and outbound mandates, providing a pan-asia service through working with best friends in the region. Chambers Asia 2016 2 Asia Private Equity and Hedge Funds /
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Recent work Investments, acquisitions and disposals Temasek, the Singapore-based investment company, on Temasek s investment, as part of a consortium alongside CVC Capital Partners and others, in Alvogen, the generic pharmaceutical company 3i Infrastructure plc on aspects of the sale of its entire stake in Eversholt Rail Group, one of the three leading rail rolling stock companies in the UK, to CK Investments S.A R.L., the largest publicly listed infrastructure company in Hong Kong MBK Partners on the sale of its majority interest in GSE Investment Corporation, a premier operator of waste-to-energy and water/waste water treatment projects, to Beijing Enterprises Holdings Limited Hony Capital, the private equity arm of Legend Holdings (the parent of Lenovo Group), on its acquisition for up to US$100 million of a 15% indirect interest in the Soalala iron ore mining project in Madagascar Hines on the disposal by two of its sponsored funds of their controlling interest in two PRC property projects the management of HSBC Private Equity Asia (HPEA) on its management buy-out GE Capital Equity Investments on its cornerstone investment of US$12.5 million in the initial public offering of Sany Heavy Equipment International TPG Capital on its investment of approximately HK$1 billion by way of subscription for H shares in Wumart GS Capital Partners VI Fund L.P. in relation to its investment of approximately HK$1.9 billion for convertible bonds and warrants issued by Geely Automobile China Environment Fund III., L.P. in relation to its US$30 million subscription for new ordinary shares in Neo-Neon 4 Asia Private Equity and Hedge Funds /
DE Shaw & Co in relation to its investment in a vehicle for the acquisition of a major commercial property in Shanghai, constituting the largest single-asset real estate deal in the PRC at the time the Special Action Committee of the Board of GOME Electrical Appliances in relation to the US$233 million issue of convertible bonds to Bain Capital Glory an affiliate of First Toronto Sirius Fund, a US based real estate and investment fund, in relation to its purchase of a minority stake in Red Titan Property IPROP Holdings and VDCI SA on a pre-ipo of its investments in Trina Solar, Lashou Group Inc and Milestone Capital GS Capital Partners Fund on its investment into ehi Car Rental a consortium of strategic investors in an investment exceeding US$3.5 billion in one of the largest PRC state owned national commercial banks a US private equity fund on its acquisition of a 50% interest in a joint venture holding land in Macau for hotel and casino development Crescent Point Group in leading and arranging a US$30 million investment in the IPO of Belle International Holdings HSBC China Fund on its investments in the PRC Montpelier Asset Management Limited on an investment by their discretionary client in China Water Affairs Group Morgan Stanley Global Emerging Markets Inc. on its acquisition of a stake in Hengan International Group and its subsequent exit Their standards are high very, very good quality people, just incredible. Chambers Asia 2016 / Asia Private Equity and Hedge Funds 5
Financings a US hedge fund providing leveraged financing for the privatisation of Asia Aluminium Holdings Limited the lead arranger in relation to a US$430 million financing in connection with 3Com Group s acquisition of an interest in Huawei-3Com from the Huawei Group Stark Investments in connection with an equity linked financing of a Macau concept company Stark Investments in connection with a number of pre-ipo leveraged financings with warrants Establishment Future Fund Limited, a Cayman Island incorporated futures fund on its launch Fidelity China Fund on its launch and listing on the London Stock Exchange a number of US and UK fund houses on their establishment in Hong Kong GEMS on the establishment of a number of its Asian funds JF Asian Realty Fund in relation to its establishment OxAM Quant Fund, a Cayman Islands incorporated hedge fund, on its launch in Hong Kong TT International Investment Management, a UK based hedge fund, on establishing a presence in Hong Kong They re commercial and efficient. Chambers Asia 2016 Slaughter and May provides services of high quality. It has an encyclopaedic knowledge of our business and the contractual and regulatory regime we operate in. IFLR 1000 Asia Pacific 2016 6 Asia Private Equity and Hedge Funds /
Key contacts Peter Brien E peter.brien@slaughterandmay.com Benita Yu E benita.yu@slaughterandmay.com Jason Webber E jason.webber@slaughterandmay.com Lisa Chung E lisa.chung@slaughterandmay.com David Watkins E david.watkins@slaughterandmay.com Peter Lake E peter.lake@slaughterandmay.com John Moore E john.moore@slaughterandmay.com Clara Choi E clara.choi@slaughterandmay.com / Asia Private Equity and Hedge Funds 7
Slaughter and May 2017 This material is for general information only and is not intended to provide legal advice. For further information, please speak to your usual Slaughter and May contact. August 2016 J338336_OSM00011116_v01